The Covington Redevelopment Authority was created by the Covington City Council in 2009 to oversee the implementation of a new Urban Redevelopment Plan. The plan was designed with these broad goals in mind:

• The need to rehabilitate and replace substandard housing with safe, clean, comfortable, attractive and affordable housing;• The need to improve, extend, and enhance the City’s circulation system, especially its pedestrian elements;• The need to improve, expand and enhance public open spaces of all sorts.​ ​